• Adamawa acquires 12 mining licenses, signs $5bn exploration pact with Swiss firm

    Adamawa acquires 12 mining licenses, signs $5bn exploration pact with Swiss firm

    According to reports, the Adamawa Mining Company Limited says it has acquired 12 licenses for solid minerals explorations in the state.

    Shanti Shashi, the state Commissioner of Solid Minerals Resources, disclosed this in an interview with the News Agency of Nigeria in Yola on Tuesday.

    Ms. Shashi said the state government had also signed a $5 billion agreement with a Swiss company, BTP Swiss Sovereign Asset, for the exploration of solid minerals in the state.

    He said the agreement was signed in June […]

  • Customs raises hope on pact with Benin Republic, earns N1bn revenue

    Customs raises hope on pact with Benin Republic, earns N1bn revenue

    According to reports, the Nigeria Customs’ Service Seme Command, has expressed the hope that its recent Memorandum of Understanding (MoU) signed with Republic of Benin would further bolster revenue and aid the fight against smuggling at the border.

    Meanwhile, the anti-smuggling unit of the Command has also intercepted and arrested three bullet proof vehicles smuggled into the country at different entry locations.

    The Customs Public Relation Officer, Seme Command, Taupyen Selchang, said in a statement that the Command generated N1.1 billion as […]